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Key highlights:
- The total cryptocurrency market cap increased from $ 993.30B to $ 1.01T in the past 24 hours, representing a 2.10% change
- The Bitcoin price at press time is $ 21,196 after growing by 2.17% in the last 24 hours
- The total crypto trading volume increased by 2.10% in the past 24 hours, and is currently at $ 224.06B
- All prices and changes are presented at the time of publication: January 16, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.01T after a 2.10% increase on the day. The total crypto trading volume increased by 2.10% in the same time frame.
Bitcoin is trading at $ 21,196 after seeing a 2.17% gain in the last 24 hours. The Bitcoin dominance grew by 0.03% and BTC currently represents 40.16% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 407.33B after gaining 2.17% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.15% and reach $ 21,164 by January 21, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.
Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,576.55 and has a market capitalization of $ 192.93B. ETH increased by 3.04% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- Polygon, which was previously ranked 9, is ranked at 8.
- OKB, which was previously ranked 8, is ranked at 9.
Bears Dominate the Market Today
The bears dominated the market today as 65% of coins lost value in the last 24 hours.
Today's Top Gainers are NuCypher, Frax Share, and FTX Token
Thanks to a 49.55% price increase, NuCypher was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Frax Share came in second place, with 24-hour gains of 39.02%. FTX Token, SingularityNET and Decentraland complete today's list of the top cryptocurrency gainers.
Today's Top Losers are Serum, Lido DAO Token, and Chia
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Serum, which saw a loss of -12.68%. Lido DAO Token also didn't perform well, as its price declined by -4.20% in the last 24 hours. Chia, Internet Computer and SSV Network round out today's top 5 worst performers.
Coin of the Day is FTX Token
Thanks to its impressive 31.19% performance, FTX Token is today's coin of the day! FTX Token is currently trading at $ 2.31. Learn more about FTX Token and its position in the market on our FTX Token price prediction page.
Our technical indicators show that the current FTX Token sentiment is Neutral.